Battery Finance

Battery Finance is looking for three qualified candidates to join our team in the following roles: Capital Formation Manager Investment Associate Marketing & Content Manager If you are passionate about bitcoin and have professional experience in one of the open roles, please email a resume to [email protected] with your position of interest.

Battery Finance is looking for three qualified candidates to join our team in the following roles: ? Business Development Manager Investment Associate Content Creator ? If you are passionate about bitcoin and have professional experience in one of the open roles, please email a resume to [email protected] with your position of interest.

Battery Finance is looking for three qualified candidates to join our team in the following roles: ? Business Development Manager Investment Associate Content Creator ? If you are passionate about bitcoin and have professional experience in one of the open roles, please email a resume to [email protected] with your position of interest.

I was thrilled to join Joe Kernen, Becky Quick, and Andrew Ross Sorkin for an engaging conversation on CNBC’s Squawk Box. We discussed all things bitcoin: its novel use cases, its historical performance, the implications of the U.S. Strategic Reserve, and the role bitcoin can play in narrowing the asset liability gap at U.S. Pensions.

Battery Finance is heading to Texas on November 20-21 for LW3 Digital Dallas. We are looking forward to networking and exchanging of investment ideas. ? If you are located in Texas and/or attending the conference, we would love to connect further.?Please email [email protected]

We are pleased to announce Battery’s CIO, Thierry Adant, will be participating as a panelist speaker at The Bitcoin Conference, focusing the discussion around Bitcoin portfolio construction and the current macroeconomic landscape. We are looking forward to bringing an institutional perspective on how to view bitcoin through the lens of portfolio construction and how to navigate the challenges and opportunities associated in this process. ? For direct inquiries, please contact [email protected] ? The information provided herein is intended for informational purposes only and should not be construed as investment advice. None of Battery, Newmarket, or any of their respective directors, officers, employees, partners, shareholders or affiliates assumes any responsibility for the accuracy of such information, and such information may not have been independently verified by Battery or Newmarket. Thus, readers should conduct their own inquiries as to the adequacy, accuracy, completeness, and reliability of any information, whether such information is contained herein or not. Investing in Bitcoin involves inherent risks, and individuals should conduct their own research and seek professional advice before making any investment decisions. Additionally, Bitcoin is a highly volatile asset and its value can fluctuate dramatically; thus, there is no guarantee of profit, and investors may experience significant losses, including the possibility of losing all invested capital. Certain information contained herein may constitute “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” ‘forecast,” “intend,” “continue,” “target,” or “believe” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance may differ materially from those reflected or contemplated in such forward-looking statements. ?

Bitcoin 2024 is just one week away! We are looking forward to being in Nashville and connecting with industry leaders, innovators, and enthusiasts from around the world.?If you are attending the conference and interested in connecting, please reach out to us or stop by our booth at Enterprise Stage.?We look forward to seeing you there. ? [email protected]

We are excited to announce Battery Finance as a sponsor of Bitcoin 2024! ? As we enter the fourth industrial revolution, characterized by the integration of digital, physical, and biological systems, Bitcoin serves as a pivotal technology.?Bitcoin's decentralized network, transparency, and security all stand to redefine a variety of industries. ? At Battery, we are at the forefront of integrating asset management with Bitcoin, recognizing its potential as a diversifying asset that can preserve purchasing power and capital growth as adoption of this remarkable technology continues. ? We will be in Nashville from July 24 to 27. If you are attending the conference and interested in getting in contact, please email [email protected]

Bitcoin Valuation: The Forest Beyond the Trees In reflecting on the evolution of Bitcoin's market potential, a parallel can be drawn to Bill Gurley's insightful critique of traditional valuation models (“How to Miss By a Mile: An Alternative Look at Uber’s Potential Market Size” July 11, 2014), in response to Professor Aswath Damodaran's assessment of Uber's worth. ? In his blog, "Above the Crowd," Gurley dissected Damodaran's conventional analysis, which pegged Uber's valuation far below market consensus, arguing it narrowly confined Uber's scope to the existing taxi and limousine market. Gurley's argument was that such an approach significantly underestimated Uber's transformative potential and, by extension, its total addressable market. This narrative closely mirrors the ongoing discourse around Bitcoin, where traditional financial models often fail to capture the expansive possibilities of this groundbreaking digital asset. Bitcoin's proponents see it not just as another currency or investment vehicle but as a foundational shift in the technology of financial transactions, energy, business models, wealth storage amongst other real world use cases. ? Furthermore, the application of Bitcoin allows us to move away from a debt-based finance to a system where risk and reward are shared equitably between lender and borrower, highlights its revolutionary appeal. This aspect not only aligns with ethical financing but also opens avenues for Bitcoin to integrate into a variety of investment and lending models, thereby expanding its market potential. Just as Gurley expanded the perspective on Uber's market reach by challenging the conventional metrics and assumptions, the Bitcoin community advocates for a broader understanding of its utility and impact, beyond the confines of existing financial systems. ? Gurley's response to Damodaran underscored a crucial oversight in traditional valuation methods: the failure to account for the market-expanding effects of innovative services. Similarly, Bitcoin's advocates argue that it holds the potential to significantly extend the financial market's boundaries by providing solutions that were previously unattainable or unimaginable. Whether it's through enhancing financial inclusivity for the unbanked or creating more efficient transaction mechanisms, Bitcoin stands to redefine the essence of money and finance in the digital age. ? In essence, Bitcoin's journey may well echo the trajectory Gurley envisioned for Uber - not merely fulfilling existing demand within a predefined market but expanding that market through innovation and accessibility. As with Uber's foray into personal transportation, Bitcoin's incursion into the world prompts a reevaluation and fundamental principles of business models. The potential of Bitcoin extends far beyond the initial estimations by traditional analyses.

Join us at the second annual Bitcoin-only conference as we celebrate the ideas, concepts, principles and technologies that make up the Bitcoin community. The focus will be on the Canadian market, including real estate, mining, and the impact all of this will have on the future–for everyone. During the sessions, you’ll hear from industry leaders, then have the chance to network with other like-minded Bitcoiners. With industry-leading speakers from across the community, this is an excellent opportunity to hear about the developments in Bitcoin. ? For direct inquiries, please reach out to [email protected]